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Top 5 Companies in the Steel Industry with the Best Relative Performance (CRS , SXC , STLD , CMC , RS )

By Nick Russo

Below are the top five companies in the Steel industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.

Carpenter Tech (NYSE:CRS ) ranks first with a gain of 2.93%; Suncoke Energy I (NYSE:SXC ) ranks second with a gain of 2.24%; and Steel Dynamics (NASDAQ:STLD ) ranks third with a gain of 1.83%.

Commercial Metal (NYSE:CMC ) follows with a gain of 1.81% and Reliance Steel (NYSE:RS ) rounds out the top five with a gain of 0.88%.

SmarTrend recommended that subscribers consider buying shares of Carpenter Tech on April 10th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $47.42. Since that recommendation, shares of Carpenter Tech have risen 19.5%. We continue to monitor Carpenter Tech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance carpenter tech suncoke energy i Steel Dynamics commercial metal Reliance Steel